Tile Shop invests $4M in new facility in county
By Martinsville Bulletin. A local business is investing $4 million to build a 30,000-square-foot manufacturing facility at its current location in the Iriswood District of Henry County, the Martinsville-Henry County Economic Development Corp. (EDC) announced Wednesday.
The Tile Shop, which manufactures and sells stone, ceramic and porcelain tiles and tiling materials in several states, has begun construction on the new building. A news release stated that the construction should be finished in January.
The new facility will allow the company to manufacture mortar, grout and sealers.
The expansion is to "accommodate the workforce they already have," Deputy County Administrator Dale Wagoner said Wednesday, so no new jobs are planned at this time. However, due to the scope of the product and its impact on the business, Wagoner said, "it's likely to create jobs."
The project is being fully funded by The Tile Shop with no state or local funds, County Administrator Tim Hall said. The business received an $80,000 grant from the Virginia Tobacco Indemnification and Community Revitalization Commission when it opened its facility in 2011, but no commission funds are involved in the new construction, Hall said.
"This is a fairly sizable expansion number," he said.
Hall said Tile Shop site Manager Mike Garrison has frequently expressed his pleasure with the workforce and business community in Henry County when Hall has made site visits. Hall said that was part of the company's decision to build on the existing site.
"I think a lot of it was driven by their location (proximity) to their relocation facilities," Hall said. The Tile Shop has eight locations in Virginia, as well as stores in Raleigh and Charlotte, N.C.
Hall said construction on the facility began about two to three months ago.
"Adding this new manufacturing facility to our current site in Henry County will allow us to better serve our current 20 retail locations," Garrison said in a news release from the EDC. "In addition, the expansion will support future growth as we continue to add new retail locations along the East Coast and Southeast."
The Tile Shop opened its warehouse distribution center in January 2011. It began with a staff of 25.
"That's what we like to hear, small businesses growing on their own and being successful," Wagoner said.